Bankruptcy Amendment Regulations 2000 (No. 1)
(140 of 2000)
28 June 2000
Made under Bankruptcy Act 1966
1 Name of Regulations
These Regulations are the Bankruptcy Amendment Regulations 2000 (No. 1).
2 Commencement
These Regulations commence on 1 July 2000.
3 Amendment of Bankruptcy Regulations
Schedule 1 amends the Bankruptcy Regulations.
Schedule 1 Amendments
[1] Regulation 1.01
substitute
1.01 Name of Regulations
These Regulations are the Bankruptcy Regulations 1996.
[2] Subregulation 16.07 (9), note
omit
[3] After subregulation 16.07 (9)
insert
(10) The amount of a fee mentioned in subregulation (1), (2), (3), (7) or (8) that would, apart from this provision, be payable, is increased in accordance with the following steps:
Step 1 |
Work out the amount of the fee in accordance with the options in the applicable subregulation |
Step 2 |
Add an amount equal to 8.4% of the result of Step 1. |
The result is the price of the taxable supply within the meaning of A New Tax System (Goods and Services Tax) Act 1999.
Note See also regulation 8.12 (prescribed remuneration of the Official Trustee).
[4] After subregulation 16.12 (4)
insert
(5) The amount of a fee mentioned in subregulation (2) that would, apart from this provision, be payable, is increased in accordance with the following steps:
Step 1 |
Work out the amount of the fee in accordance with the options in the applicable subregulation |
Step 2 |
Add an amount equal to 8.4% of the result of Step 1. |
The result is the price of the taxable supply within the meaning of A New Tax System (Goods and Services Tax) Act 1999.